Akasa Air Raises ₹450 Crore as Existing Investors Back Second Round

Name: Akasa Air Raises ₹450 Crore as Existing Investors Back Second Round
Uploaded: 2026-10-26T16:04:50.049139+00:00
Description: Akasa Air raised ₹450 crore through compulsory convertible preference shares from 29 existing investors, its second capital infusion since August 2026, as the carrier's losses widen alongside rapid fleet expansion.

Akasa Air raised ₹450 crore through compulsory convertible preference shares from 29 existing investors, its second capital infusion since August 2026, as the carrier's losses widen alongside rapid fleet expansion.

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